Used car retail has long been an area of the market for retailers to show their entrepreneurial flair. But the focus on this area of the business could be even more important in the coming years.
Car dealership sites are set to undergo a major transformation over the next decade.
The benefits of an agency-style model, where the new car journey is managed online and manufacturers pay a handling fee to retailers, largely outweighs the disadvantages, according to senior executives at dealer groups already experiencing mixed commissions at work in their businesses.
Reynolds and Reynolds has completed the acquisition of car retail customer contact specialist Gubagoo to drive forward the development of its Reynolds Retail Anywhere platform.
In the latest in Automotive Management's (AM) 'Minutes With...' series of automotive retail supplier features, news and features editor Tom Sharpe caught-up with Keyloop chief executive Tom Kilroy.
Auto Trader suffered a 29% decline in revenues and 38% reduction in operating profit as it acted to mitigate the impact of COVID-19 on its car retail customers, its 2020 annual financial results have revealed.
Hyundai has been warned to be mind its marketing since an advert for its NEXO fuel cell car claimed it "purifies the air as it goes".
CarSupermarket and Motordepot owner Aramis Group is hoping to raise as much as £481m through an initial public offering (IPO) at as its targets “profitable growth” – including dealership acquisitions.
It is always interesting to reflect on how the emphasis in the UK's car retail sector has changed over the years.
Motorists have shown uncertainty about the transformation of car makers into tech companies and dealers could be left to explain their franchised partners’ ‘surveillance capitalism’, it has been claimed.
Constellation Automotive Group has switched the focus of its Corby used car preparation centre from Cazoo to its own cinch online retail offering – delivering a potential 30,000 cars per year.
Genesis Motor Europe has partnered with retail brand experience specialist Stellar to help create its Westfield London studio and is set to make its debut at the Goodwood Festival of Speed 2021.
Strong financial reports from across the car retail sector have reaffirmed that businesses have weathered the COVID-19 crisis without the “Darwinian evolution” predicted 12 months ago.
A ‘record’ 73 million visits on Auto Trader in May was accompanied by an 8.1% year-on-year (YoY) increase in the average price of a used car.
The UK’s biggest leasing comparison site, Leasing.com, has partnered with Bauer Media to become the exclusive provider of leasing deals with its motoring enthusiasts' brand CAR.
IVendi has published a new white paper that is designed to help dealers make their businesses fit for the post-pandemic used car, van and motorcycle markets.
Soaring wholesale used car prices are “not recoverable” through retail price rises, creating an environment of ever-shrinking margins.
Heycar has announced that it will be the official sponsor of this year’s Roland Garros coverage on ITV as rival Gumtree launches its own cross-platform marketing push.
Car retail valuations and insight specialist Cazana has rolled-out a rebranded logo and new website as part of its drive towards “global expansion”.
A pair of former Vines Group colleagues have partnered with GForces to launch a dedicated used electric vehicle (EV) marketing platform called JustGoEV.
Motors.co.uk will run a series of adverts across Absolute Radio, Magic Radio, MotherBaby and Car, as part of its multi-million pound ‘Search Less. Live More.’ campaign.
Macklin Motors hedged its bets with football fans in Scotland’s capital by securing sponsorship deals with rival teams Heart of Midlothian FC and Hibernian FC.
The most recent Auto Trader Market Report (November 2020) which investigates the long-term trends in digital retailing, shows that consumer appetite towards buying online is increasing.
Cinch has attracted £1 billion in new investment to continue its push to online car retail growth alongside the likes of start-up rivals Cazoo and Carzam.
The vehicle subscription business Wagonex, said interest for car subscriptions has 'grown dramatically' in the last year, as it achieves two milestones.
